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WHTop → 📋 News → Former Intel Executives Secure $21.5M for RISC-V Chip Startup
Former Intel Executives Secure $21.5M for RISC-V Chip Startup
📅 - AheadComputing, a startup specializing in next-generation microprocessor architecture, has secured $21.5 million in seed funding to accelerate the development and commercialization of its innovative computing technology. The newly raised capital will be used to expand AheadComputings engineering team, refine its microarchitecture design, and establish a competitive foothold in the processor market.
In just five months, the company has scaled from its four founders to a team of 40, underscoring the markets demand for its cutting-edge solutions.
Beyond its initial focus, AheadComputing is actively seeking strategic partnerships to extend its processor technology across various sectors, [...][... Check source for end of article ...]
📅 - Gomboc AI Raises $13M to Transform Cloud Security with Deterministic AI - Gomboc AI, which provides deterministic AI solutionsfor cloud security remediation, has secured $13 million in early investment. Ballistic Ventures led a fresh $8 million seed investment, with additional assistance from Glilot Capital Partners and Hetz Ventures, who co-led Gomboc AI's previous $5 million early investment.
The money would help the firm accelerate its aim to address the security backlog that is preventing essential business transformation. The motivation for Gomboc AI sprang from dissatisfaction and curiosity. As a former Chief Information Security Officer (CISO) in charge of safeguarding 15 enterprises under a single corporate body, Gomboc AI Co-founder and CEO Ian Amit [...]
📅 - Europes Data Center Investment to Reach Record Levels in 2025 - Europes data center market is set for unprecedented growth in 2025, with new investments pushing capacity to record levels. According to a recent CBRE analysis, the continent is expected to see 937MW of new data center supply this year, surpassing the 655MW added in 2024 by a significant 282MW. This expansion is driven by increasing demand for colocation capacity, despite ongoing challenges in securing power and land for new developments.
More than half of the new capacity - 57% - will be concentrated in Europes key data center hubs: Frankfurt, London, Amsterdam, Paris, and Dublin. These established markets continue to attract large-scale investments, particularly from hyperscalers [...]
📅 - Global Cloud Service Spending to Surge 19% in 2025, Says Canalys - In Q4 2024, worldwide cloud infrastructure services expenditure increased 20% year on year to US$86 billion, according to the latest report by Canalys. Spending during the whole year 2024 increased by 20%, rising from $267.7 billion in 2023 to $321.3 billion in 2024. The proliferation of AI models was the primary driver of this increase, which considerably boosted cloud usage.
By the second half of 2024, all of the leading cloud suppliers had reported favorable returns on AI investments, with AI applications having a significant influence on their total cloud business success. As AI market rivalry heats up, cloud hyperscalers want to increase expenditures in cloud and AI infrastructure in [...]
📅 - Liquid Web Expands Global Dedicated Server Locations - Liquid Web, a leading provider of dedicated servers, WordPress, VPS, GPU, and cloud hosting solutions, has expanded its global infrastructure by adding four new bare metal server locations in San Jose, California; Ashburn, Virginia; Sydney, Australia; and London, UK. This strategic expansion aims to reduce latency, enhance network performance, and provide faster, more reliable hosting services in key regions.
The move extends Liquid Webs reach beyond its existing data centers in Lansing, Michigan; Phoenix, Arizona; and Amsterdam, Netherlands. By positioning high-performance dedicated servers closer to customers, the company aims to ensure improved digital experiences for businesses that [...]
📅 - Neterra Upgrades Its Customer Service Monitoring System - "In some places, we offer connection services such as 'Dedicated Internet' through third-party suppliers that we cannot oversee directly. This complicates detecting problems; customers may report an outage while the supplier insists everything is fine. To acquire more control, we expanded our monitoring system to numerous worldwide locations, including Australia, the United States, Mexico, India, and Singapore," said Pavel Marchev, Neterra's Chief Technical Officer.
The new technology enables client services to be monitored from geographically closer locations, resulting in more precise diagnoses of possible issues like packet loss and round-trip delay. The upgrade also makes it easier to [...]
📅 - Data443 Partners with TierPoint to Expand Data Center Footprint - Through this agreement, Data443 will take advantage of TierPoint's cutting-edge facilities to improve its infrastructure capabilities while lowering operational costs. The expansion responds to growing client demand for Data443's full range of data security, privacy, and compliance solutions.
Jason Remillard, Founder and CEO of Data443, stated, "Our cooperation with TierPoint arose from the requirement of doubling our data center capacity to fulfill the present demands of our increasing client base. Working with TierPoint prepares us for future growth, especially in the field of AI-powered security solutions. TierPoint's strong infrastructure and established track record make them an [...]
